they change the coupon, said if you use it now, 20% from if you use it a month or so, you get 10%. if they get rid of it all altogether, that is the biggest marketing ploy. david: watch out for the after-hours figures moving downward. recovering a little bit, well off of the closing price. good to see you. treasury prices rising today pushing yields down from the highest level in about two months. liz: joining us to weigh in on what is moving the fixed income market. and again when we say fixed income, it is important to point out corporate bonds, treasuries, let's tackle treasuries first. especially superimposed fitch possibly downgrading u.s. credit and of course we know what that looks like, wasn't the worst thing in the world for treasuries a year ago because s&p did it. what you expect, let's tackle treasuries first. >> first bought think regardless of how the fiscal cliff negotiations are ultimately result, there's a pretty good probability over the course we see a ratings downgrade. the good news at least for the markets perspective is we have been through this process befor